Remove Apparel Remove Marketing Remove Retailing Pricing
article thumbnail

Retail Pricing is a Science – Not an Art

Retail TouchPoints

Now, these smart-to-market brands are taking this time of fluctuating costs and economic uncertainty to evaluate their pricing strategies. With margins being squeezed from rising inflation and inventory challenges, brands need to better align pricing with the current market conditions and consumer demand.

article thumbnail

AI’s Fashion Impact: From Product Design to On-Demand Manufacturing and Beyond

Retail TouchPoints

Even in an industry accustomed to a rapid pace of change like fashion manufacturing and retailing, AI is racing by like the Road Runner speeding past a desert mesa. Every day were finding different and faster things, to do with the technology, she said in an interview with Retail TouchPoints.

Fashion 162
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Global Bunjang taps into the secondhand K-pop merchandise boom

Inside Retail

The international success of prominent K-pop artists such as BTS, Blackpink, and Stray Kids has catalysed unprecedented levels of consumer engagement, resulting in expanded market opportunities for merchandising. In contrast, prices in the pre-loved market can change based on how rare it is. million KRW ($1029).

Shipping 130
article thumbnail

The rise of second-hand shopping in Australia: A cultural and economic shift

Inside Retail

Unlike conventional retail, where stock is predictable and replenished regularly, thrift stores and resale platforms offer the sense of adventure and unpredictability. The second-hand apparel market in Australia is predicted to grow from $578.10 million in 2023 to an estimated $1,598.37

Shopping 130
article thumbnail

Price, not volume, driving Australian retail sales growth

Inside Retail

Retail prices increased 4.8 per cent through the year to the June quarter with the largest price rises seen in food and household goods. “On On a quarterly basis, overall retail price growth has already exceeded sales volume growth in both the March and June quarters,” says Rumbens. “On per cent price growth.”.

article thumbnail

Inflation, not volume, will drive retail sales growth until 2025 – report

Inside Retail

The quarterly Deloitte Access Economics’ Retail Forecasts finds that – based on trend analysis – real retail spending during the quarter to March 31 ran 6.2 per cent ahead of what might have been expected had Covid-19 not disrupted markets from early 2020. He expects retail sales by volume will increase by an average of only 1.1

Outdoor 246
article thumbnail

How Brands can Drive Sales with Innovative Textiles

Retail TouchPoints

There is tremendous opportunity for global apparel brands (think Nike or Tommy Hilfiger) that are no strangers to implementing the latest technologies into their offerings to leverage a combination of smart textiles and bio-responsive textiles to help consumers not only monitor but improve their biomarkers.

Consumer 264